Multiple Markets Video

Saturday 5 June 2010

Multiple Markets Video

Multiple Markets Video (18:45)

Long video this weekend with a run through of the Bonds, Copper, Crude, Euro and Emini charts. The Professionals definitely stepped in at the close on Friday to pick up the pieces but I don't think this downtrend is over. See the video for why.

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Latest Commitment of Traders data has caused another Crash Warning signal – not good news. This does not necessarily mean a crash Monday or even next week. But just adds to the bearish evidence I see in my charts.

Commitment of Traders & Crash Warning Signal (S&P500 weekly)

Lastly, on a personal note, we're back in Sydney after 3 weeks in New Zealand. Mrs Emini-Watch in particular had a great time. Here she is riding Philip – he's actually a movie star and was the Prince’s talking horse in 'The Lion, the Witch and the Wardrobe' film. Bit of a show off really. 🙂

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